Footway Group Ab Stock Beta
FOOT-PREF | SEK 29.00 0.20 0.68% |
Footway Group AB fundamentals help investors to digest information that contributes to Footway Group's financial success or failures. It also enables traders to predict the movement of Footway Stock. The fundamental analysis module provides a way to measure Footway Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Footway Group stock.
Footway |
Footway Group AB Company Beta Analysis
Footway Group's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Footway Group Beta | 1.02 |
Most of Footway Group's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Footway Group AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Footway Group AB has a Beta of 1.0222. This is 21.69% higher than that of the Consumer Cyclical sector and significantly higher than that of the Apparel Retail industry. The beta for all Sweden stocks is notably lower than that of the firm.
Footway Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Footway Group's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Footway Group could also be used in its relative valuation, which is a method of valuing Footway Group by comparing valuation metrics of similar companies.Footway Group is currently under evaluation in beta category among its peers.
Footway Group returns are very sensitive to returns on the market. As the market goes up or down, Footway Group is expected to follow.
Footway Fundamentals
Return On Equity | -0.55 | |||
Return On Asset | 0.18 | |||
Profit Margin | (0.27) % | |||
Operating Margin | 0.32 % | |||
Current Valuation | 1.86 B | |||
Shares Outstanding | 550.34 K | |||
Price To Book | 17.26 X | |||
Price To Sales | 1.30 X | |||
Revenue | 1.5 B | |||
Gross Profit | 844 M | |||
EBITDA | 6.5 M | |||
Net Income | (59.4 M) | |||
Cash And Equivalents | 42.2 M | |||
Cash Per Share | 0.26 X | |||
Total Debt | 19 M | |||
Current Ratio | 2.14 X | |||
Book Value Per Share | 4.38 X | |||
Cash Flow From Operations | 82 M | |||
Earnings Per Share | (1.29) X | |||
Number Of Employees | 68 | |||
Beta | 1.02 | |||
Market Capitalization | 1.49 B | |||
Total Asset | 1.28 B | |||
Z Score | 47.8 | |||
Annual Yield | 0.08 % | |||
Net Asset | 1.28 B |
About Footway Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Footway Group AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Footway Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Footway Group AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Footway Stock Analysis
When running Footway Group's price analysis, check to measure Footway Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Footway Group is operating at the current time. Most of Footway Group's value examination focuses on studying past and present price action to predict the probability of Footway Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Footway Group's price. Additionally, you may evaluate how the addition of Footway Group to your portfolios can decrease your overall portfolio volatility.